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Karabakh's Europa League Opponent Puts Its Shares Up for Sale
FC Vaduz Looks to Sell Amid Financial Struggles
Shares Valued at Approximately $10 Million
FC Vaduz, the Liechtenstein club that will face Karabakh in the UEFA Europa League playoffs, has put its shares up for sale as it grapples with financial difficulties. The club's majority shareholder, the Rheinpark Stadion Vaduz AG, has announced that it is seeking investors to purchase its stake in the club.
The shares are reportedly valued at around $10 million, and the sale process is being handled by the investment bank Rothschild & Co. The move comes as FC Vaduz faces mounting financial pressure due to the COVID-19 pandemic and the resulting loss of revenue from matchday income and sponsorship deals.
FC Vaduz has been a regular participant in European competitions in recent years, reaching the group stage of the UEFA Europa League in 2019-20. However, the club has struggled financially in recent months, and its budget has been significantly reduced.
The sale of the club's shares could provide FC Vaduz with a much-needed financial injection. The club has been operating at a loss for several years, and the sale of its shares could help to stabilize its finances and secure its long-term future.
Several potential investors have reportedly expressed interest in acquiring FC Vaduz's shares. The club is expected to make a decision on the sale in the coming weeks.